Space stocks split widely over the past month. Shares of Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) landed on the strong side alongside shares of SpaceX (NASDAQ:SPCX).
Morgan Stanley's case that Wall Street is underpricing the compute side of SpaceX (NASDAQ:SPCX | SPCX Price Prediction) is lifting the whole commercial space group, and the biggest gains are showing up outside the company at the center of the
Government backing in Washington and Tokyo, plus a completed carrier test in Canada, has handed AST SpaceMobile (NASDAQ:ASTS) two distribution wins that are lifting space stocks broadly. ASTS stock is at $60.14, up 3% in morning trading.
Shares of Rocket Lab have been in a tailspin since June, around the time SpaceX went public. Rocket Lab has become a top space stock, achieving nearly $770 million in revenue over the past year.
Synspective ordered 20 more Electron launches, scheduled yearly from 2028 through 2031. Rocket Lab now has over 100 missions in its launch backlog, up from more than 70 in early May.
Shares of Rocket Lab (RKLB) climbed 7% in Friday morning trading after the space company secured a 20-launch agreement with Japan's Synspective.The missions wil